HKG:1458 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	98.2	115.58	25.28	342.42
Depreciation & Amortization	316.32	334.63	383.13	393.36
Other Amortization	5.53	10.37	12.41	9.22
Loss (Gain) From Sale of Assets	0.09	3.38	-1.67	-80.14
Asset Writedown & Restructuring Costs	13.35	13.78	20.31	24.28
Loss (Gain) From Sale of Investments	37.02	3.39	4.99	1.59
Loss (Gain) on Equity Investments	3.5	-1.09	-7.96	-27.57
Stock-Based Compensation	-4.11	24.4	32.77	26.8
Provision & Write-off of Bad Debts	2.36	9.74	5.93	1.34
Other Operating Activities	-105.72	-45.37	-49.72	-74.63
Change in Accounts Receivable	-9.02	-14.96	11.61	-8.66
Change in Inventory	88.47	-34.59	41.21	-66.75
Change in Accounts Payable	-39.34	-11.04	29.51	-8.46
Change in Other Net Operating Assets	9.75	-47.05	-40.15	7.03
Operating Cash Flow	416.39	361.18	467.64	539.83
Operating Cash Flow Growth	15.29%	-22.77%	-13.37%	0.94%
Capital Expenditures	-58.2	-89.93	-157.99	-187.22
Sale of Property, Plant & Equipment	10.23	8.88	17.63	67.28
Divestitures	-	-	-	43.45
Sale (Purchase) of Intangibles	-5.21	-2.45	-2.44	-5.96
Investment in Securities	466.48	581.99	1,121	-82.36
Other Investing Activities	68.79	64.66	66.4	107.18
Investing Cash Flow	482.09	563.15	1,044	-57.63
Short-Term Debt Issued	150	60	160	100
Total Debt Issued	150	60	160	100
Short-Term Debt Repaid	-	-220	-50	-450.77
Long-Term Debt Repaid	-212.25	-679.86	-1,086	-265.36
Total Debt Repaid	-212.25	-899.86	-1,136	-716.12
Net Debt Issued (Repaid)	-62.25	-839.86	-976.5	-616.12
Issuance of Common Stock	-	11.88	10.61	13.66
Repurchase of Common Stock	-316.81	-51.71	-	-83.29
Common Dividends Paid	-100.59	-257.96	-236.29	-154.67
Other Financing Activities	1.78	91.15	-116.13	370.3
Financing Cash Flow	-477.87	-1,046	-1,318	-470.12
Foreign Exchange Rate Adjustments	0.37	19.09	22.34	-12
Net Cash Flow	420.98	-103.06	216.05	0.09
Free Cash Flow	358.18	271.25	309.65	352.61
Free Cash Flow Growth	32.05%	-12.40%	-12.18%	-11.58%
Free Cash Flow Margin	14.61%	9.89%	13.21%	12.29%
Free Cash Flow Per Share	0.16	0.12	0.13	0.15
Cash Interest Paid	12.46	17.39	33.12	31.09
Cash Income Tax Paid	110.02	52.95	63.01	88.89
Levered Free Cash Flow	420.22	340.85	184.93	686.63
Unlevered Free Cash Flow	428.01	355.63	221.43	724.18
Change in Working Capital	49.85	-107.65	42.19	-76.84

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.